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/ March 7, 2021

Vietnam records three more COVID-19 cases on March 7 afternoon

Illustrative photo (Source: VNA) Hanoi (VNA) – Vietnam recorded 3 new COVID-19 infections over the past 12 hours to 6pm on March 7, according to the National Steering Committee for COVID-19 Prevention and Control. The new cases included 2 imported who were quarantined in Bac Ninh province right after their arrival, and one in Hai Duong province. The new patients brought the total count in the country to 2,512, including 1,585 domestically-transmitted cases. The Treatment Subcommittee reported that a total of 1,920 patients had been given the all-clear from the coronavirus SARS-CoV-2 so far, and the fatalities remained at 35. Among the active patients undergoing treatment, 65 tested negative to the virus once, 57 twice and 137 thrice. As many as 45,219 people who had close contact with confirmed COVID-19 patients or entered Vietnam from pandemic-hit regions are being quarantined across the country, including 506 in hospitals, 14,266 in other establishments, and 30,446 at home./. VNA …

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/ October 18, 2020

Samsung executive to visit Vietnam for investment expansion plans

Korean news agency Yonhap quoted industry sources as saying Lee will depart for Hanoi on October 20 and probably meet Vietnamese Prime Minister Nguyen Xuan Phuc to discuss investment plans. He is expected to inspect Samsung’s research and development center under construction in Hanoi, as well as the company's plants there, according to Yonhap. Lee, the de facto leader of Samsung, visited Vietnam in 2018 to inspect the company’s key smart phone production lines. He met with Vietnamese government and industry officials during the visit. Samsung runs its largest offshore smartphone production facilities in Vietnam. In September 2020 Samsung announced it will shift its sole TV production factory from China’s Tianjin city to Vietnam, Mexico, Hungary, Egypt, and several other potential venues in an effort to make its global production more efficient. …

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/ November 20, 2020

Trade between Vietnam and RCEP nations reaches US$240 billion

According to statistics released by the General Department of Vietnam Customs, China represents the largest market among the 14 RCEP countries that the nation has established trade ties with. Indeed, turnover between the two sides reached US$103.5 billion during the first 10 months of the year. Of the figure, the value of Vietnamese export commodities stood at US$37.9 billion, while the nation’s imports came to US$65.6 billion. Furthermore, two-way trade turnover with the RoK hit US$53.5 billion, including US$16 billion from Vietnamese exports and US$37.5 billion from its imports. Indeed, import and export trade turnover was recorded at more than US$32 billion with Japan, ASEAN at US$43.4 billion,  Australia at US$6.77 billion and New Zealand at US$870 million. This comes following the RCEP being signed on November 14 by leaders of 15 countries from the Asia-Pacific region that make up 29% of global GDP. The pact was signed online by leaders of 10 ASEAN member states, along with Australia, China, Japan, New Zealand, and the Republic of Korea (RoK) as part of the 37th ASEAN Summit, chaired by the nation in Hanoi. The purpose of the RCEP is to help establish long-term stable export markets for ASEAN members in the context of risky and uncertain global supply chains. In addition, it will also create a legally binding regional framework suitable for trade policy, investment, intellectual property, e-commerce, and dispute resolution, among other things. Overall, the international partnership aims to create a fair trading environment throughout the region. …

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